Harbert Management Corp. names new CEO

Harbert Management Corp., a privately owned alternative asset manager and parent company to Harbert Realty Services, will transition its current CEO, Raymond J. Harbert, to the role of executive chairman, and current COO Travis Pritchett will become CEO on Jan. 1. Harbert, who founded HMC in 1993, will step back from day-to-day management responsibilities and work closely with Pritchett to …

Harbert Retail Secures Costa Vida Location in Liberty, Missouri

Harbert Retail has successfully secured a new lease, bringing Costa Vida to a prime drive-thru location within the highly sought-after Liberty Commons development in Liberty, Missouri. Casey Howard of Harbert Retail represented the landlord in the transaction for the 2,298 SF free-standing quick-service restaurant (QSR). The new restaurant will be located at 129 S Stewart Road, a heavily trafficked corridor anchored by major national retailers including Walmart, Home …

Encore Rouge Relocates to Downtown Birmingham, Bringing Southern Comfort Food to 2 North 20th Street

Encore Rouge, a beloved local restaurant specializing in Southern and Cajun-inspired comfort food, has announce its relocation to the Two North Twentieth Building, an ideally located office tower positioned between downtown and UAB. The restaurant has leased a ±3,200-square-foot ground-floor space, marking a significant move from its current Southside location. This relocation is a pivotal moment for Encore Rouge, offering …

Harbert Realty Services Represents Lakeland Fire + Safety in Sale of Decatur Warehouse Facility

Harbert Realty’s Norman Tynes and West Harris represented Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE) – a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders – in the sale of sale of its Decatur, Alabama warehouse property. The property, which sold for $6.1 million, consist of three buildings totaling ±145,478 square …

Harbert Represents Clear Channel Outdoor in New Lease Deal in Chicago

We’re pleased to announce that our client, Clear Channel Outdoor, has leased new office space at 222 Merchandise Mart in Chicago, Illinois. Recognized as one of City of Chicago’s premier mixed-use assets, the Merchandise Mart continues to be a landmark destination for leading businesses. Congratulations to Clear Channel on this exciting new chapter. We’re proud to support your growth and success!

Harbert Retail Represents Seller of Fully Leased Muti-Tenant Medical Office

Harbert Retail’s Casey Howard represented the seller of 1286 Oak Grove Road – Lakeshore Building Partners, LLC –  in an off-market sale-leaseback deal with Bodewell Real Estate Holdings, LLC, for $1.25M. The property is a fully leased multi-tenant medical office building ideally located along Lakeshore Parkway’s active retail core, anchored by businesses like Lowe’s, Walmart, Sam’s, Hobby Lobby, Chick-fil-A, Starbucks and …

Harbert Retail Represents Seller in Land Deal to Dutch Bros Coffee

Harbert Retail is pleased to announce the sale of a prime ±0.52 acre outparcel at 566 1st Street North in Alabaster. Casey Howard represented the seller in the transaction. The buyer, DDP Alabaster, LLC, plans to develop a new Dutch Bros Coffee on the site, which offers excellent accessibility to Baptist Health Shelby Hospital and nearby retailers like Jimmy John’s, Taziki’s, and Arby’s. A date …

Harbert Represents Landlord in Deal with Early Autism Services at 151 Narrows Parkway

Harbert Realty’s Lacey Scott and Charlie Norton represented the landlord in a 4,300 SF deal bringing Early Autism Services to Building 1 of 151 Narrows Parkway in Birmingham, Alabama. Hunter Houston and Grey Gettlemen from EGS/Cushman Wakefield represented the tenant. For over a decade, Early Autism Services (EAS) has provided effective, ABA therapy for children with autism. In 2008, EAS …

Harbert Retail Represents Landlord and Tenant in Deal Bringing Guthrie’s to Guntersville

Harbert Retail’s Casey Howard and Lacey Scott successfully represented both the landlord and tenant in a deal bringing Guthrie’s Chicken to the former Hwy 55 location in Guntersville, AL. This 2,152 SF freestanding drive-thru is strategically positioned along US-431 which boasts traffic counts of +35,000 AADT. The property offers prominent pylon signage and excellent visibility at the gateway to Lake …